5/14/2023 Markets were slightly lower again this week, as investors are having trouble deciding about the Economy. Most Strong companies that are growing quickly are doing fine, but most are extremely over bought. And many weak Stocks that are Below … [Read more...]
Green Line Weekly May 7, 2023
5/7/2023 Markets were slightly lower for the week, as several regional Banks dropped more. The S&P 500 & DOW 30 Indices dropped down again to the 50-day averages (Red Lines) and then bounced up. Now the S&P 500 & DOW 30 must exceed … [Read more...]
Green Line Weekly Apr 30, 2023
4/30/2023 Markets were higher for the week, after dropping down to the 50-day averages (Red Lines) and then bouncing up. Now the S&P 500 must exceed the recent highs for the rally since the March low to continue. Some Earnings have been better … [Read more...]
Green Line Weekly Apr 23, 2023
4/23/2023 Markets were mixed for the week, as Earnings are coming out. Some Earnings have been better than expected, while others have disappointed. Probably one more FED Tightening on Wednesday for another 1/4 point higher, pushing Fed Funds to … [Read more...]
Green Line Weekly Apr 16, 2023
4/16/2023 Markets were up for the week, as data showed that Inflation is slowing down. Long term Interest Rates dropped all the way down to the Green Line, before bouncing. Falling long term Interest tells us that the massive FED Tightening has … [Read more...]
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